Wed, Oct 2, 7:44 PM (80 days ago)
FS Credit Real Estate Income Trust, Inc. (the "Company") filed an amendment to its 10-K for the fiscal year ended December 31, 2023, primarily to revise certifications due to omitted language. The Company reported total assets of $9,466,698, with loans receivable of $7,702,368 after a CECL reserve of $79,851. Net income for the year was $150,203, translating to earnings per share of $1.32. Total liabilities increased to $6,674,736, primarily due to collateralized loan obligations and credit facilities. The Company adopted the CECL model in 2023, impacting its credit loss reserves. Future outlook remains cautious due to interest rate fluctuations and market conditions. The Company reported significant share repurchases and ongoing distributions, with a focus on maintaining REIT status. The amendment does not reflect any material changes to financial performance or condition but corrects certification errors.